Attero India, a company that recovers electronic waste, will invest roughly Rs 600 crore to build a new facility in Telangana. According to IT and Industries Minister KT Rama Rao, the new facility will directly employ more than 300 people and indirectly employ many more.
“Happy to announce that @Attero India will be investing Rs 600 crore to establish a new facility in Telangana. The proposed facility will provide direct employment to more than 300 people and indirect employment to many more,” the Minister said in a tweet.
The new investment announcement comes soon after the attracted cumulative investments worth Rs 2,450 crore from four companies this month. These investments have a potential to create employment to about 6,500 people.